Long
DGDBTC - Cup and handle formation - Long term trade
Cup and handle formation could play out,
Watching to see if the handle forms.
One entry is at the old demand/supply zone.
Alternatively I would enter if the handle breaks a bit earlier.
Lastly possible entry is above the cup neckline (yellow line)
Long term trade expected duration up to 100 days, estimated based on time taken for cup to form.
Watching to see if the handle forms.
One entry is at the old demand/supply zone.
Alternatively I would enter if the handle breaks a bit earlier.
Lastly possible entry is above the cup neckline (yellow line)
Long term trade expected duration up to 100 days, estimated based on time taken for cup to form.
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